The objective of this module is to familiarise students with selected current issues in finance. The aim is to stimulate discussion on specific topics rather than providing a comprehensive review of the whole area of finance. The discussion of issues will be based on evidence provided through scientific research by taking account anecdotal evidences and real-life case studies. The discussion will also enhance students’ understanding of finance theories and their relevance in the business world. Topics and issues may vary from year to year depending on the latest developments in the financial world. For this trimester, the following topics will be covered: asset pricing and equity risk premium, subprime credit crisis, capital structure, corporate restructuring, financial derivatives, hedge funds, corporate governance, Islamic finance.